BK Makes Notable Cross Below Critical Moving Average
Written by: CanadaStockChannel.com
In trading on Thursday, shares of Canadian Banc
crossed below their 200 day moving average of $8.77, changing hands as low as $8.67 per share. Canadian Banc shares are currently trading down about 2.6% on the day. The chart below shows the one year performance of BK shares, versus its 200 day moving average:
Looking at the chart above, BK's low point in its 52 week range is $7.61 per share, with $9.59 as the 52 week high point — that compares with a last trade of $8.67.